Austin Street Partners win bid to develop Newtonville parking lot

Mayor Setti Warren today announced the selection of Austin Street Partners as the developer of a Newtonville parking lot deemed “surplus” by the city.

The group is lead by Scott Oran of Dinosaur Capital Partners.

The city today described a thorough vetting process that included walk-throughs of built projects and independent reviews of the financial statements from the top teams. Also in the top three after a ranking process were New Atlantic Development Corporation and Newtonville Square Development Partners.

During a community meeting back in November, Oran promised that anyone looking to shop in Newtonville would be able to find a spot during construction.

That’s because his firm does most of their construction off-site, assembling it in just weeks.

“We are committed to working collectively with this community,” Oran said at that meeting.

Still ahead: negotiations on the terms of the land sale, a special permit process and public hearings.

Warren today said the city welcomed “robust community involvement” in the process.

Emily Costello

Mayor Setti Warren today announced the selection of Austin Street Partners as the developer of a Newtonville parking lot deemed “surplus” by the city.

The group is lead by Scott Oran of Dinosaur Capital Partners.

The city today described a thorough vetting process that included walk-throughs of built projects and independent reviews of the financial statements from the top teams. Also in the top three after a ranking process were New Atlantic Development Corporation and Newtonville Square Development Partners.

During a community meeting back in November, Oran promised that anyone looking to shop in Newtonville would be able to find a spot during construction.

That’s because his firm does most of their construction off-site, assembling it in just weeks.

“We are committed to working collectively with this community,” Oran said at that meeting.

Still ahead: negotiations on the terms of the land sale, a special permit process and public hearings.

Warren today said the city welcomed “robust community involvement” in the process.